I don’t know how else to look at the news this afternoon that Global Aero Logistics CEO Subodh Karnik has resigned.
Global Aero is the parent company of ATA, World Airways and North American Airlines.
The new CEO of Global should be a familiar name. He’s the ex-CFO of Southwest Airlines and ex-CEO of ATA — John Denison. And, as we all know, John is very close to current Southwest CEO Gary Kelly.
People tell us this afternoon that we could hear about what Southwest is going to do with ATA’s international certificate in as little as 48 hours.
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What is an international certificate? ATA Airlines is a 121 certificated airline with authority to operate worldwide. SWA cannot roll any of the certificate’s authority into their operation. What could they announce except they intend to operate the airline (ATA).
Correct. That was a mistatement on my part. What I was referring to, of course, was ATA’s international business and its fleet it uses to service that market. Remember that ATA has a good number of ETOPS aircraft.